| Issue Date: | 1993-09-01 |
|---|---|
| Revised Date: | 2019-12-03 |
Legal Cites
- Tax Code sec. 151.801(c), sec. 151.801(c-1)
- Parks and Wildlife Code sec. 11.043
- Texas Constitution art. VIII sec. 7-d
- General Appropriations Act
Codes
| Out | In | For |
|---|---|---|
| 7924 | 3924 | GR Account - State Parks (0064) |
| 7924 | 3924 | GR Account - Texas Recreation and Parks (0467) |
| 7924 | 3924 | GR Account - Historic Site (5139) |
| 7924 | 3924 | GR Account - Parks and Wildlife Conservation and Capital (5004) |
| 7924 | 3924 | GR Account - Large County and Municipal Recreation and Parks (5150) |
Purpose
To record allocation of sales taxes imposed on the sale, storage or use of sporting goods to the identified accounts, as appropriated.
Note
Accounts rededicated by H.B. 3050, 74th Leg., R.S.
Per H.B. 12, 80th Leg., R.S., 94% is allocated to Texas Parks and Wildlife and deposited to specific funds in the following order: 0064, 0467, 5150 then 5004. The remaining 6% is allocated to the Texas Historical Commission.
Amended to add GR Account 5150 created by H.B. 3391, 81st Leg., R.S.
H.B. 1422 and S.J.R. 24, 86th Leg., R.S., changed the allocation percentages of sporting good sales taxes and appropriated all of the sporting goods sales tax revenue to Texas Parks and Wildlife (93%) and Texas Historical Commission (7%).